Wednesday, December 18, 2013

A worldwide problem

1471284_584936271561106_2081267557_nWe would all like to be able to put our trust in politicians but experience warns us that might be a dangerous thing to do.

Our Spanish teacher asked us whether the same issues with banks and politics exist in Great Britain as they do in Spain and sadly our answer was yes.  

The difference is that the political system in Britain is perhaps a little more transparent and open to scrutiny. For example, local politicians in Britain would have a harder time getting away with some of the scams that their counterparts in Spain pull off.

Bankers in Britain are just as bad if not worse than those in Spain. Even when they fail their customers badly with paltry interest rates and miss sold protection policies, British bankers still find a way to pay themselves obscene bonuses. 

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